Legacy Coins Review

Legacy Coins Review

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Legacy Coins are gold and silver bullion coins produced by the Royal Canadian Mint. They are available in various denominations, including 1 oz, ½ oz, ¼ oz, and 1/10th oz gold coins.

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Product Information

Legacy Coins Review

The obverse of each coin features a portrait of Queen Elizabeth II, the reigning Canadian monarch. The coins' reverse shows a stylized sailing ship, the HMS Ernestown, with its sails in different positions to signify the passage of time and wind power.

Legacy Coins are legal tender in Canada that are mainly used to pay for goods and services, just like other Canadian coins. They do not, however, have the legal status that banknotes and polymer (plastic) banknotes have in Canada.

Ownership

Legacy Coins are made by the Royal Canadian Mint, one of the world's largest and most technologically advanced facilities for minting coins. Their gold is 99.99% pure – or 24 karat gold. This purity makes Legacy coins one of the highest purity levels for any widely traded bullion coin worldwide.

Legacy Coins are like other gold and silver bullion coins: they cannot be used as legal tender currency in Canada, as there is no cash value to them.

Rating out of Five Star

Legacy Coins Review

Legacy coins are rated based upon the quality, purity, and price of the gold and silver used. The mint also produces some of the world's most OK legal tender coins. It is, therefore, a very safe product to invest in for the long term.

They are recommended for: Those who are serious about investing in gold, silver, or platinum bullion coins. This is particularly so if you believe these precious metals will be a good store of wealth in the future.

Out of 5 legacy coins can be rated as five * out of 5; this is one of the best investments for the long term.

Rating: Legacy coins are a good value for money compared to other bullion coins.

Rating: Reliability of mint & issuer.

Legacy coins have been in circulation and used by investors for more than 40 years, making them one of the most popular products from Canada's mint.
On top of this, the Royal Canadian Mint is Canada's most advanced coin-making facility and among the finest in the world star.

Ways to buy Legacy Coins from RBIShop

  • RBIShop charges $10.00 shipping on international orders of up to 1 oz and $9.00 shipping on all other international orders.
  • For customers in Canada, RBIShop charges a flat $5.95 shipping fee on all orders.
  • The face value of the coins includes applicable federal and provincial taxes.

Pros & Cons of Legacy Coins

There are pros and cons for the legacy coins, which include;

PROS

  • Legacy coin value is rising as more people continue investing in precious metals.
  • Legacy coins are very safe stores of wealth buying.
  • Legacy coins in bulk is recommended for serious investors since their price per ounce always rises with time.
  • The mint guarantees that all its bullion products contain the amount of gold or silver they claim, making them an excellent way to start a bullion collection.
  • Legacy coins issued by the Royal Canadian Mint are guaranteed for their purity.
  • The legacy coin quality is unrivaled and unparalleled in the investment coin industry.
  • Legacy coins are backed by one of the world's best minting facilities which guarantee that your money is safe from counterfeiting.
  • One can buy Legacy coins with a credit card at RBIShop.
  • Buying legacy coins from RBIShop offers you various denominations, allowing you to make smart long-term investments.
  • Legacy coins are made out of 24 karat gold, a very high standard of purity.
  • Legacy coins have been in circulation for more than 40 years, making them one of the most trusted bullion products on the market today.
  • Legacy coins come proof-like, making them perfect for storage and investment.
  • If you believe that precious metals will become more stable over time, then investing in legacy coins at RBIShop could be one of your best investments.

CONS

  • Canada's legacy coin value is less liquid than others because they are only available in small quantities at RBIShop.
  • Legacy coins are not legal tender. So it makes them investment products that can be difficult to sell due to the need for a willing buyer.
  • Legacy coins come in various sizes, making it difficult for investors who want smaller denominations that can easily be stored and not redeemed for long periods.
  • Legacy coins packaging may be damaged in transit. The damages cause upset to many who want to keep their investment products in perfect condition.

Final Verdict

In conclusion, legacy coins are an excellent way to make intelligent long-term investments.

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